The Ability-To-Pay Principle Says That

question 73

Multiple Choice

The ability-to-pay principle says that:

• A)the amount of tax paid depends on the measure of value.
• B)those who benefit from public spending should bear the burden of the tax that pays for that spending.
• C)those with greater ability to pay should pay more tax.
• D)those who benefit from the tax should pay the same percentage of the tax base as those who do not benefit.

Assess the relationship between stress, health issues, and personality traits.

Understand how personal attitudes and beliefs influence stress perception and management.

Understand the basis of various psychological disorders and their symptoms.

Grasp the psychological theories explaining the behaviors associated with these disorders.

---

Definitions:

Planning Budget

A budget prepared for a specific level of activity, often used for planning and coordinating actions.

Activity Variances

Differences between planned or budgeted amounts of costs or revenues and actual amounts incurred, attributable to specific activities.

Customers Served

The number or segment of clients or consumers to whom a business has provided goods or services.

Budgeting

The process of creating a plan to spend your money, outlining projected income versus expenses for a certain period.